Risk of Changes in Accounting Standards, Tax Systems, and Other Regulations
First written in FY2016. 11 of 19 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 13 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The “Accounting Standard for Leases” and other relevant standards are scheduled to be applied from the beginning of the fiscal year ending March 2028.」
The company continues to disclose that it plans to adopt the lease accounting standards and related standards from the beginning of the fiscal year ending March 2028 and is assessing the impact. - FY2025Disclosure of the planned adoption of the lease accounting standardAnnual report
「The "Accounting Standard for Leases" and other related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028. The amount of the impact on the consolidated financial statements from applying the "Accounting Standard for Leases" and other related standards is currently under evaluation.」
The company disclosed plans to adopt the new lease accounting standards and related standards from the beginning of the fiscal year ending March 2028 and that it is assessing the impact on the financial statements. - FY2025-H1Adoption of accounting standards for corporate income taxes and related standards commencedAnnual report
「We have applied the Accounting Standard for Corporate Taxes, Inhabitant Taxes and Enterprise Taxes and related standards from the beginning of the interim consolidated fiscal period.」
The 2022 accounting standards and related implementation guidance concerning the classification of corporate income taxes and other matters were applied from the beginning of the interim consolidated accounting period. The company states that the change in accounting policy had no impact on the interim consolidated financial statements. - FY2023RestatedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Implementation Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Implementation Guidance”) was applied from the beginning of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed by the guidance were applied prospectively. This had no impact on the consolidated financial statements.」
The fair value measurement accounting guidance was applied from the beginning of the fiscal year, with no impact on the consolidated financial statements. - FY2023-Q1Adoption of the Guidance on the Accounting Standard for Fair Value MeasurementAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the company will apply the new accounting policies prescribed in the guidance prospectively. There is no impact on the quarterly consolidated financial statements.」
The implementation guidance on the accounting standard for fair value measurement was applied from the beginning of the first quarter of the current consolidated fiscal year. The company states that there was no impact on the quarterly consolidated financial statements. - FY2022AchievedAnnual report
「The Revenue Recognition Accounting Standard (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards were applied from the beginning of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The Revenue Recognition Accounting Standard, previously disclosed as scheduled for adoption, was applied from the beginning of the current consolidated fiscal year. The company states that there was no impact on profit or loss or retained earnings at the beginning of the fiscal year. The accounting standards for fair value measurement and related standards were also applied at the same time. - FY2022-Q1Adoption of revenue recognition and fair value measurement standards commencedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, there was no impact on profit or loss for the cumulative first quarter of the current consolidated fiscal year.」
The Revenue Recognition Accounting Standard, previously disclosed as scheduled for adoption, was applied from the beginning of the first quarter of the current consolidated fiscal year. There was no impact on profit or loss, and the provision for sales returns was presented as a contract liability. The accounting standards for fair value measurement and related standards were also applied from the same beginning of the fiscal year, with no impact on the financial statements. - FY2021RestatedAnnual report
「The planned adoption date for the Accounting Standard for Revenue Recognition and related standards is the beginning of the fiscal year ending March 2022. The impact of adopting the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is currently being assessed.」
The company continues to disclose plans to adopt the revenue recognition standard from the beginning of the fiscal year ending March 2022 and that it is assessing the impact on the consolidated financial statements. - FY2020Planned adoption of accounting standards specifiedAnnual report
「The planned adoption date for the Accounting Standard for Revenue Recognition and related standards is the beginning of the fiscal year ending March 2022. The impact of adopting the Accounting Standard for Revenue Recognition and related standards on the financial statements is currently being assessed.」
In addition to the planned adoption of the revenue recognition standard for the fiscal year ending March 2022, the company has disclosed plans to adopt disclosure standards for accounting estimates and accounting policies from the end of the fiscal year ending March 2021. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes concerning the risk of changes in accounting systems, tax systems and other regulations. Separately, certain amendments to the tax-effect accounting standard have been applied from the beginning of the current quarterly accounting period. - FY2018Planned adoption of the new revenue recognition standard specifiedAnnual report
「The planned adoption date for the Accounting Standard for Revenue Recognition and related standards is the beginning of the fiscal year ending March 2022. The impact of adopting the Accounting Standard for Revenue Recognition and related standards on the financial statements is currently being assessed.」
Regarding the risk of changes in accounting standards, the company has specifically disclosed plans to adopt the revenue recognition accounting standard from the fiscal year ending March 2022 and that it is assessing the impact on the financial statements. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the first 9 months. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes concerning the risk of changes in accounting systems, tax systems and other regulations. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the first half. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes concerning the risk of changes in accounting systems, tax systems and other regulations. No quantified risk or actual occurrence can be confirmed from this disclosure. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes concerning the risk of changes in accounting systems, tax systems and other regulations. - FY2017RestatedAnnual report
「The introduction of or changes to new accounting standards, tax systems and other regulations could affect our business performance and financial condition.」
The potential impact of changes in accounting standards, tax systems and other regulations on business performance and financial condition continues to be disclosed. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the first 9 months. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes concerning the risk of changes in accounting systems, tax systems and other regulations. - FY2017-Q2RestatedAnnual report
「No new business or other risks arose during the first half. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes concerning the risk of changes in accounting systems, tax systems and other regulations. - FY2017-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes concerning the risk of changes in accounting systems, tax systems and other regulations. - FY2016First statedAnnual report
「The introduction of or changes to new accounting standards, tax systems and other regulations could affect our business performance and financial condition.」
It is listed as one item in the risk inventory.